|Bid||0.00 x 1000|
|Ask||110.60 x 1100|
|Day's Range||107.85 - 111.89|
|52 Week Range||89.89 - 125.09|
|Beta (3Y Monthly)||1.39|
|PE Ratio (TTM)||20.03|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||3.84 (3.47%)|
|1y Target Est||116.83|
United Parcel Service Inc. has pledged $5 million to the University of Louisville Athletics. The money will be used to establish the UPS Leadership Academy, a program for sophomore student athletes that will be designed to “develop their leadership framework by examining and reflecting on their individual leadership style and moving into a collective leadership model as part of a team, classroom and community,” according to a news release. U of L Athletics Director Vince Tyra made the announcement with UPS this afternoon after men's basketball coach Chris Mack’s regular press conference.
Stamps.com news concerning its relationship with the United States Postal Service (USPS) has STMP stock down on Friday.Stamps.com (NASDAQ:STMP) says that it will no longer be continuing its exclusive deal with the USPS. Instead, the company says that it will be expanding its business to work with other shippers, such as UPS (NYSE:UPS) and FedEx (NYSE:FDX)."At this point we've decided to discontinue our shipping partnership with the USPS so that we can fully embrace partnerships with other carriers who we think will be well-positioned to win in the shipping business in the next five years," Kenneth Mcbride, Chairman and CEO of Stamps.com, said in a statement obtained by CNBC.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhat may be most damaging about this Stamps.com news is what it does to the company's outlook for 2019. Stamps.com says that it is only expecting earnings per share between $5.15 to $6.15. for the year.That may not seem bad at first, but putting it in perspective really shows why STMP stock is falling so hard today. The company's earnings per share for the full year of 2018 came in at $11.78. This change will also have it easily missing Wall Street's earnings per share estimate of $10.79 for the full year of 2019. * 9 High-Growth Stocks to Buy Now for Monster Returns The Stamps.com news also includes its revenue guidance for 2019. The company is expecting revenue for the year to come in between $540 million and $570 million. This is also a blow to STMP stock by being well below analysts' revenue estimate of $685.40. million for the full year of 2019.STMP stock was down 56% as of noon Friday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 6 Hot Stocks For Goldman Sachs' New Investing Strategy * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Stamps.com News: STMP Stock Slammed After Ending Exclusive USPS Deal appeared first on InvestorPlace.
Shares of Stamps dropped as much as 58 percent on Friday in New York, touching their lowest since August 2016 and wiping off $2 billion in market value. The company’s commentary about aggressive pricing tactics employed by bigger rivals -- as well as new challenges from Amazon -- also weighed on shares of United Parcel Service Inc. and FedEx Corp. UPS dropped as much as 3.5 percent, while FedEx fell 3.4 percent.
With customers expecting same-day and two-day shipping regularly now, the company said that it needs to work with other competitors and it's ending its USPS arrangement of more than 20 years.
United Parcel Service Inc is a package delivery organization and provider of supply chain management solutions. The dividend yield of United Parcel Service Inc stocks is 3.27%. United Parcel Service Inc had annual average EBITDA growth of 4.70% over the past ten years.
The UPS shield on the left, and the shield being used by defendants in a lawsuit UPS filed. UPS (NYSE: UPS) has sued a group called the United Pot Smokers for federal trademark infringement, federal false designation of origin, federal trademark dilution, state trademark infringement, state trademark dilution, state unfair competition, state unfair business practices, state false advertising, and common law trademark infringement.
Barron’s Magazine has recognized UPS (UPS) as a leader in sustainability in its annual list of America’s Top 100 Most Sustainable Companies. “This prestigious recognition highlights our efforts to lessen our impact on the planet as we continue to seek new and innovative ways to advance our sustainability endeavors worldwide,” said Tamara Barker, chief sustainability officer at UPS and vice president of environmental affairs.
The Zacks Analyst Blog Highlights: United Parcel, Morgan Stanley, CME, Williams and Enbridge
The company said it was unable to successfully diversify after scanners reduced demand for paper-check courier services.
The daughter and advisor to President Donald Trump will be touring a Georgia UPS facility alongside Gov. Brian Kemp.
Parcel Pro, a UPS Capital company, today announced a partnership with Manufacturing Jewelers & Suppliers of America (MJSA) that provides MJSA Premier Members access to innovative technology and insured shipping at a time when the industry is experiencing rapid e-commerce growth. Online sales of luxury goods continue to flourish with growth of 24% in 20171.
UPS Hikes Its DividendUPS raised the dividend rateUnited Parcel Service (UPS) continued its policy of enhancing shareholders’ wealth. On February 15, the company announced that it raised its quarterly dividend rate 5.5% to $0.96 from $0.91 paid
The retailer earned an adjusted $1.41 per share for the fourth quarter, beating estimates by 8 cents a share. Revenue also beat Wall Street forecasts. U.S. comparable-store sales rose 4.2 percent, topping the Refinitiv consensus of a 3.2 percent increase.
Benzinga featured looks at many investor favorite stocks over the past week. Bullish calls included an old-school tech giant and an EV leader. Bearish calls included a couple of consumer goods producers. ...
FedEx Plunges 2.5% after President and COO Bronczek ResignsPresident and COO resigns Shares of FedEx (FDX) fell 2.5% on February 15 after the company revealed in an SEC (Securities and Exchange Commission) filing that its president and COO, David
United Parcel Service Inc. said late Friday its board of directors increased the logistics company's quarterly dividend by 5.5% to $96 cents a share. The dividend is payable March 12 to shareholders of record on Feb. 26. UPS has either increased or maintained its dividend for nearly 50 years, the company said in a statement. Shares of UPS were flat in the extended session Friday after ending the regular trading day down 0.8%.
Atlanta, Feb. 15, 2019 -- The UPS (NYSE: UPS) Board of Directors today increased its regularly quarterly dividend by 5.5% to $0.96 per share on all outstanding Class A and.
Shares of FedEx Corp. sank 3.0% and United Parcel Service Inc. shed 1.3% in midday trade Friday, bucking the gains seen in the broader market, after fellow transportation company XPO Logisitics Inc. said its largest customer is curtailing about two-thirds of its postal injection business. XPO declined to comment on who the customer was, but J.P. Morgan analyst Brian Ossenbeck said the loss of business is likely Amazon.com Inc. taking capacity in-house. Ossenbeck said he could see FedEx and UPS shares "react negatively on the implication that Amazon is reducing third party transportation exposure." The shares were the biggest decliners in the Dow Jones Transportation Average , which rose 0.3%, compared with the Dow Jones Industrial Average's 350-point, or 1.4% gain. Meanwhile, XPO's stock tumbled 16%.
The backing from Amazon will bolster Michigan-based Rivian’s plans to bring an electric truck to market in late 2020. Rivian remains in talks with General Motors Co. about the largest U.S. automaker making an investment or collaborating another way, people familiar with the matter said. Chief Executive Officer R.J. Scaringe said in his first interview since reports of Rivian’s talks with Amazon and GM surfaced earlier this week that he was seeking companies that could help the electric-vehicle maker grow.
As the shock begins to wear off following Monday's announcement of the impending demise of regional less-than-truckload (LTL) carrier New England Motor Freight, Inc., (NEMF), LTL carriers serving the country's most densely populated regions have begun to adjust to life without it. There is no shortage of carriers in the Northeast and Mid-Atlantic that NEMF called home for nearly 42 years. At this time, one would be hard-pressed to find a carrier not being inundated with phone calls and e-mails from NEMF customers blindsided by the stunning disclosure that the carrier and 10 related entities would file for bankruptcy and wind down the business.